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20121219
20121219
STATION
CNBC 7
FBC 3
KQED (PBS) 2
KRCB (PBS) 2
KCSM (PBS) 1
KQEH (PBS) 1
KTVU (FOX) 1
LINKTV 1
WMPT (PBS) 1
LANGUAGE
English 20
Search Results 0 to 19 of about 20 (some duplicates have been removed)
FOX News
Dec 19, 2012 1:00pm PST
washington quit playing us for fools and thinking this finger pointing is winning you friends. it is costing your country. leaving aside a major credit rating calling the politician's bluff did this hint if they come up with a keel that is stupid this will be hell? charles payne says that downgrade could be coming no matter what. warm, -- charles, what will happen? >>guest: the debt ceiling debate, july 29, they come up with an agreement and the president signs it august 2, and we are downgraded after the president signed. the deal was signed and it was done, they point to a lack of faith in the leaders and in washington, dc. they are saying the same thing. when i read that, and the quote is deficit cutting plan, you mention playing us as fools, we they just give it or wink sore say, guys this is not a real deal. >>neil: 9 rating agencies are under pressure since the housing problem, they will be extra cautious. you mentioned s&p downgrading and a debt deal that it deemed incoherent, dysfunctional and in the end the cuts were not real. what if we get a deal like that again, you say, we are w
FOX Business
Dec 19, 2012 4:00pm EST
declining 12.3%. liz: because of the chicago mercantile exchange. a buying opportunity. and michael tells us why he expects double-digit earnings growth in the new year in what that'll do for equities. jerry leavy at the cme. another was some erosion of the last couple of minutes, the last hour or two. headlines from president obama, john boehner. is this market a little overbought going at the end of the year? >> for my technical perspective, you're absolutely right. they have eclipsed the upper end, and overbought situation. from my perspective and my colleagues, we are shocked trying to figure out the market moving higher. a lot of it is trying to figure out, we know a deal will get done, the real question is what are the ramifications of the deal and how will that affect earnings. as a guy who follows earnings very closely, we see that the drop year-over-year. it was from government. a noted state tax receipts are down adjusted for inflation 1% from 2,082,012. earnings are down on the top line, where does the bigger earnings growth come from? david: we have manufacturing coming in saying
FOX Business
Dec 19, 2012 11:00am EST
that u.s. lawmakers will have a deal. we are kind of to the downside. with that, i will send it back to you guys. dagen: what can we expect volume to look like? >> typically, any traders take the week off. a couple of days off. you have a lower volume. yesterday, there was a lot of conviction. volume was up considerably based on the one-week average. it has been a little bit better than usual. dagen: thank you so much, lauren. we will give people comments when they start. the white house saying president obama will veto the gop's plan b for the fiscal cliff saying it does not meet balance. douglas holtz aiken, former director of the budget office, joining us with more. if not now, then when the heck? >> hopefully by december 31. i think it is very important for us to avoid going over the fiscal cliff. all bad news for americans. you like to think that they are getting closer to gather. the fact that the white house rejected a plan b is not good. dagen: $1 trillion raised in revenue by congressman boehner's plan. that is pretty close, is it not remark it is true that the numbers have
CNBC
Dec 19, 2012 4:00am EST
in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a major settlement with u.s., u.k., and swiss regulators over its role in the libor fixing scandal. with more we'll look at the story with carolyn roth with us on set. i guess we're expecting a settlement, expecting something big. what have we learned today? >> well, first of all, i mean, the market reaction -- ubs up by 1%, can you believe that? what barclays was hit with $450 million fine, i mean, we saw a big hit in barclays' share price. this fine is three time the amount that barclays was fined. $1.5 billion or $1.4 billion swiss>>frank: francs. this is on the libor manipulation charges. ubs must pay swiss reg
CNBC
Dec 19, 2012 3:00pm EST
you very much for taking the time. >> thank you. >> thank you very much for joining us today, michael johnson, the ceo of herbalife. the markets are currently sitting around the lows of the day as we speak. the dow down by about 56 points, and that is it for "street signs" today. "closing bell" is coming up next. >> hi, everybody. good afternoon. we enter the final stretch and welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange. scott, good to see you. here with scott wapner. the market near the lows on the day on fears that a deal to avoid the fiscal cliff may actually be a lot further away than we thought. >> more sparring today. deal, i don't know. if you listen to what they are saying today, scott wapner in for bill griffith. the president calling for compromise in a news conference today, but here on wall street there is a bit less optimism for the deal than we've felt in recent days. see where we sit right now. the dow is down 56 points. nasdaq and s&p under some pressure as well right now as we -- there you go. nasdaq is down six and the s&p, maria
FOX Business
Dec 19, 2012 1:00pm EST
for the fallout. tampa mayor tells us what the fiscal cliff means for his city. lori: all talking and no advancement towards a deal. frustrating. on and on and on those politicians go. we will bring you an update. tom corbett saying going over that cliff would be "absolutely frightening for the keystone state." he will join us later. melissa: president obama has been named person of the year. go figure. [talking over each other] lori: was i on the list for rock. melissa: on top. lori: let's get you updated on the markets. lauren simonetti is covering stocks for us today. >> we go break a two-day winning streak. for the s&p, it has been the best two days in more than a month. we are still a little bit more positive. traders kind of sitting on their hands digesting what we have recently had. if you look at, i say risk on because the sectors that are doing well today are once again energy and thanks. utilities not putting in a good performance today. gm shares are up tremendously right now. they took out their highest level in 19 month old little bit earlier today. this on news that
CNBC
Dec 19, 2012 12:00pm EST
us will be laid to rest. we may never know all the reasons why this tragedy happened. we do know that every day since more americans have died of gun violence. we know such violence has terrible consequences for a society. if there's even one thing that we can do to prevent any of these events, we have a deep obligation, all of us, to try. over these past five days, a discussion has reemerged as to what we might do not only to deter mass shootings in the future, but to reduce the epidemic of gun violence that plagues this country every single day. and it's encouraging that people of all different backgrounds and believes and political persuasions have been willing to challenge some old assumptions and change long-standing positions. that conversation has to continue. but this time the words need to lead to action. we know this is a complex issue that stirs deeply held passions and political divides. as i said on sunday night, there's no law or set of laws that can prevent every senseless act of violence in our society. we're going to need to work on making access to mental health
PBS
Dec 18, 2012 7:00pm PST
in setting monetary policy. >>> in the u.s. president barack obama and republican house speaker john boehner are scrambling to avoid the looming fiscal cliff. they're trying to reach an agreement on how to tax the wealthy. the president offered to limit tax hikes for people earning more than $400,000 a year. instead of his original proposal of $250,000. but republicans are calling for more concessions. >> what we've offered meets the definition of balance. but the president is not there yet. >> boehner said he will submit a bill to the house later this week proposing higher taxes only on people with income over $1 million a year. white house spokesperson jay carney said the two sides are close to a deal. >> the president has demonstrated obvious willingness to compromise and to move more than halfway. toward the republicans. >> spending cuts and tax increases including hikes on the middle class are set to take effect in the new year. the democrats and republicans will need to reach an agreement before then or the u.s. could face a recession. >>> let's check on the markets for this wednesday
CNBC
Dec 19, 2012 5:00pm EST
the deal done. that will do it for us. thank you for being with me. stay with cnbc. "fast money" begins right now and i'll see you tomorrow. >>> when up in the capitol, there arose such a clatter. >> frankly, if you looked at it, the republicans, in the house and speaker boehner, i think, were in a position to say, we've gotten a fair deal. the fact that they haven't taken it yet is puzzling. and i think, you know, a question that you're going to have to address to them. >> i sprang from my office to see what was the matter. >> tomorrow, the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> and what to my trader's eyes would appear, but bickering politicians over the cliff did they steer. "fast money" starts right now. live from the nasdaq market site in times square, i'm melissa lee. here are tonight's top three trades. top tech stock of 2013. is i
CNBC
Dec 19, 2012 6:00am EST
cooperman, he's going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the same in either one. that's not -- what reid and i guess pelosi, you saw that, said she opposes the million-dollar thing. a lot of people if back on what they say. the difference would be that one is 250 and below, and
FOX
Dec 19, 2012 7:00am PST
looking very emotional. they told us that the ownern of the storage unit who lives here at the fourplex believes the person who died was his son. he said his son does have access to the unit even though he does not live there. but again, there's been no identification on thed aboutdy. we don't know -- on the body. we don't know if it was a male or female. the coroner will determine that. that's why arson investigators as well as police are collaborating. they are back at the station trying to piece all of this together. reporting live from campbell, janine de la vega, ktvu channel 2 news. >> thank you. >>> oakland police are investigating an usual fire overnight that started in a stolen truck and then spread to a business. coming up at 7:30, lorraine blanco has reaction from the owner of the business, plus information on the damage from the fire. >>> 7:03. in less than two hours, at 8:45, this morning, president obama will announce a white house effort against gun violence. the president is putting vice president joe biden in charge of it. now, when the president flew to newtown, connec
CNBC
Dec 19, 2012 9:00am EST
. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end of this month. >> another challenging quarter for fedex with the blame squarely on sandy. but the stock is up pre-market. >> oracle posts a strong quarter with even stronger guidance. the season rebound in europe. no impact from the fiscal cliff. >> and ge gets boosted from ubs's key call list on the weaker than expected macro environment. still on the list is including -- well tell you in a couple of minutes. >> general motors is up sharply in the pre-market session. the treasury department says it intends to sell the rest of its stak
LINKTV
Dec 18, 2012 7:00pm PST
the attack. has been vocal against campaign -- vaccinations. >> they think the vaccine was used for identifying -- how this was used in case of locating osama bin laden. i think after that, this kind -- they became more targets of the taliban >> the government suspended at the vaccination campaign in karachi. this is not the first time they have targeted vaccination programs. in july, while local volunteer were shot and two volunteers were wounded. the government, along with un agencies, is on a campaign to immunize 34 million children under the age of 35. with health workers being attacked, eradicating the disease by the end of the year is looking very unlikely. certain communities and pakistan have long been suspicious of vaccination campaigns, particularly those run by foreign agencies over fears the vaccine may cause harm. with the taliban concerned these campaigns are a front for intelligence-gathering, many health experts fear not only more violence against their workers but a sharp increase in the number of young people contracting preventable diseases. >> the united stat
PBS
Dec 18, 2012 4:30pm PST
out later. as proof, they argue congress and the president are already using disasters and war spending as loopholes to avoid making tough cuts. >> they are doing that on the one side, then proposing additional stimulus spending on the other side, and then claiming that sometime next year they'll come up with some savings. that's a very troubling formula to me. >> reporter: if a grand bargain doesn't come together in the next few days, we may fall off the fiscal cliff and then wait for a new congress to put the pieces back together in the new year. darren gersh, "n.b.r.," washingt. >> susie: well, roger altman is confident democrats and republicans will strike a deal and avoid falling off the fiscal cliff. he was deputy treasury secretary in the clinton administration and is now executive chairman and founder of evercore partners. >> susie: roger, so great to have you back on "nightly business report." >> thank you, susie. >> susie: nice to see you. why are you so optmistic there is going to be a fiscal cliff deal? >> i would cite two broad reasons, and then a few reasons speci
CNBC
Dec 19, 2012 6:00pm EST
general motors buying $5.5 billion worth of stock from the u.s. government's t.a.r.p. program. and it was at a price $2 above where gm traded yesterday. that's right. we, the people, got a better deal than we could've ever hoped for just the day before. gm most likely would have been liquidated, putting more than 1 million people out of work. if the federal government hadn't bailed it out. nobody likes a bailout. people don't like to use the phrase bailout and the government isn't going to be made whole in this investment. i'm saying that point-blank. that's because it's so gigantic. the simple fact is also not only does gm exist, but it was capable of throwing off $5.5 billion to repay some of the t.a.r.p. investment. this thing was at death's door, now it's thriving, just like aig which also shouldn't have come back, but it did. those are two 2012 success stories that explain how robust corporate america really is and how unheralded that development is. what else? how about that the united states is producing more oil than any time in the last 17 years and producing enough t
Search Results 0 to 19 of about 20 (some duplicates have been removed)